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Fly News Breaks for July 25, 2018
WAB
Jul 25, 2018 | 07:57 EDT
KeyBanc analyst Steve Barger raised his price target for Wabtec to $113 from $105 following the company's Q2 conference call. The analyst views Wabtec's updated 2018 revenue guidance as potentially conservative, while management's 13.5% margin guide could be optimistic. That said, Barger thinks investors will increasingly focus on earnings power in 2019-2020 driven by GET order strength, improving Freight cycle dynamics, and Transit improvement. He reiterates an Overweight rating on the shares.
News For WAB From the Last 2 Days
WAB
Apr 24, 2024 | 12:00 EDT
Wabtec is up 8.8%, or $13.01 to $161.49.
WAB
Apr 24, 2024 | 10:00 EDT
WAB
WAB
Apr 24, 2024 | 09:47 EDT
WAB
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